The quantity demanded of a good or service is the quantity that a consumer

Question

Quizplus · Accepted Answer

Quantity demanded refers to the amount of a good or service that consumers are willing and able to buy at a given price during a certain period of time. It is not necessarily the same as the amount they actually end up buying, as factors such as availability, personal circumstances, and changes in price can all affect their final purchase decisions. Therefore, option A is the best choice as it accurately defines what quantity demanded means.

The Quantity Demanded of a Good or Service Is the Quantity